An electricity blackout is imminent following the Nigerian Midstream and Downstream Petroleum Regulatory Authority’s directive to gas producers to cease supplying gas to indebted generation companies (GenCos). The Authority stated that the substantial debts owed to producers had hindered their ...
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Naira Appreciates As CBN Begins Electronic Forex Market Implementation
The value of the naira appreciated by nearly N100 and over five per cent in the course of the just ended week as speculators are wary of which way the value of the currency will go in the wake of ...
Read More »22 Years After, NCAA Commissions PH Regional Office
Twenty two years after the commencement of the Port Harcourt Regional Office, the Nigeria Civil Aviation Authority (NCAA), staff have expressed happiness as the abandoned office accommodation has been completed and commissioned. The regional office building abandoned for over two ...
Read More »Magistrates Declare Indefinite Strike In Cross River
The Cross River State chapter of the Magistrates Association of Nigeria (MAN) has directed its members to commence indefinite strike effective from Monday, December 9, 2024 over the failure of the state government to heed its demands. The declaration was ...
Read More »FG Denies Detection Of COVID Variant XEC In Nigeria
The Federal Ministry of Health and Social Welfare has confirmed that there was no evidence of the newly detected COVID-19 variant XEC in Nigeria. The ministry, in a statement signed by its deputy director, Information and Public Relations, Mr. Alaba ...
Read More »PenCom Announces Seven month Backlog Pension Payment To Retirees
The National Pension Commission (PenCom) has announced the release of N44 billion by the Office of the Accountant General of the Federation (OAGF) as part of the 2024 budget appropriated for the payment of retirees from public service for the ...
Read More »Fleeing Assad, Family Arrive Russia, Get Asylum
Deposed Syrian President Bashar al-Assad and his family have arrived in Moscow, Russian state media agencies reported, citing sources within the Kremlin. Reports also said that Assad and his family have been granted asylum by Russia. However, the report has ...
Read More »CBN Clarifies Staff Retrenchment Exercise
The Central Bank of Nigeria (CBN) has dismissed claims of forced mass retirements, clarifying that its Early Exit Package (EEP) is entirely voluntary and without any negative consequences for eligible staff. CBN’s Acting Director of Corporate Communications, Mrs. Hakama Ali ...
Read More »IPPIS: FG Probes Deductions, Unpaid Promotion Arrears For Paramilitary Personnel
In response to the planned protest by the aggrieved officers of the Nigerian Correctional Service (NCoS), Nigeria Security and Civil Defence Corps (NSCDC), Nigerian Immigration Service (NIS), and Federal Fire Service (FFS), under the Ministry of Interior, the federal government ...
Read More »Real Estate Firm Unveils $250m Rice-straw Alternative Building Materials
Ekopanely Nigeria Limited, a building construction firm has launched itself into the Nigerian housing market with the unveiling of alternative building materials (different from the conventional ones) with the ambition of closing the nation’s perennial housing deficit. At a stakeholders’ engagement on Friday, ...
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